Cheap chic retailer Target and luxury department store Neiman Marcus announced Tuesday that they're teaming up on a holiday fashion, home and accessories collection to be sold at both chains. Strange bedfellows? Not really. The two have more in common than meets the eye.

This fall, Target will launch a spin-off store based on its C9 by Champion athleticwear brand. Can the cheap chic icon muscle in on an activewear game dominated names like Lululemon, Athleta and Under Armour?

If you're taking meds for say, high cholesterol, you can now pick up your Lipitor prescription from a licensed pharmacist at a local dollar store -- if you live in the right place. Could the trend spread?

J.C. Penney is betting on iconic domestic diva Martha Stewart to help reinvent the staid department store concept, and in turn, how America shops. Their partnership is the first bold move from new CEO Ron Johnson -- but can it work?

Anyone who lined up outside their local Target early one Tuesday morning this past September to score some Missoni -- and witnessed the retail carnage that ensued -- will be well prepared for Black Friday. Target, on the other hand, may not be as ready -- especially when it comes to its website.

Two of the men most responsible for making Target a cool, hip shopping option will soon be leading J.C. Penney's, which means bold changes could be coming for the middle-of-the-road department store chain. Can Ron Johnson and Michael Francis help it shake its stodgy image?

Target strategically built a wave of buzz around Tuesday's launch of the Missoni for Target line, but the retailer was unprepared for what it created: Mob scenes in stores and a surge that crashed its website for more than a day. So was the near instant sellout a success, or a PR mess?